Closing the Billing period

This procedure shows you how to close the Billing period.

  1. Access Subledger Close (BL199).
  2. Add a job name and description.
  3. Select the company.
  4. To select a fiscal period for the data stored on this record, select the period.
  5. Select the fiscal year for the data stored on this record.
    Note: If you specify a cutoff date (by specifying a cutoff date or specifying a number of days added to or subtracted from the current system date), the OE distribution record will be purged. If you purge records without saving it to a disk, then you cannot retrieve the records.
  6. To purge distribution records from the application and close the period, select the Period, Year, and GL Cutoff Date.

    To purge records only, specify a GL Cutoff Date but leave the Period and Year fields blank.

    Note: The days from the current system date will act as the cutoff date to purge general ledger distribution records.

    Alternatively, you can specify the number of days to add to or subtract from the current system date. The Billing application purges all records within that date range.

  7. To save the records you are purging to a disk, select Yes in the Clear Output File and Save Purged Records to Disk field.
  8. Select the Change form action.
  9. Submit the job.